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On August 8, 2025, Ohio lawmakers passed a series of new business laws aimed at providing support and assistance to small businesses in the state. The legislation comes as part of ongoing efforts to stimulate economic growth and promote entrepreneurship in Ohio.One of the key provisions of the new laws is the creation of a Small Business Assistance Fund, which will provide financial assistance to qualifying small businesses in need of capital to grow and expand. The fund will be administered by the Ohio Department of Commerce and will offer low-interest loans and grants to eligible businesses.In addition to the Small Business Assistance Fund, the new laws also include measures to streamline the process for starting and operating a small business in Ohio. This includes the creation of a new online portal for business registration and licensing, as well as the establishment of a Small Business Advisory Council to provide guidance and support to small business owners.Furthermore, the legislation includes provisions to strengthen protections for small businesses against unfair competition and deceptive practices. This includes tougher penalties for businesses found guilty of engaging in fraudulent or anticompetitive behavior, as well as increased resources for the Ohio Attorney General's Office to investigate and prosecute violations of these laws.Overall, the new laws represent a significant step forward in Ohio's efforts to support and promote small businesses. Lawmakers hope that these measures will help to create a more favorable environment for entrepreneurs and small business owners, ultimately leading to greater economic growth and job creation in the state.